Lear Corporation (LEA)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,863,900 | 4,918,800 | 4,830,300 | 4,808,400 | 4,614,900 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,863,900K
= 0.00
Based on the data provided, Lear Corporation has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or a negligible amount of debt relative to its equity. This can be seen as a positive sign, suggesting that the company may be relying more on equity financing rather than debt financing to fund its operations and growth. Additionally, a low or zero debt-to-equity ratio generally reflects a lower financial risk for the company, as there is minimal debt that could potentially strain its financial position or cash flow.
Peer comparison
Dec 31, 2024